Rank Group’s “Hold” Rating Reaffirmed at Panmure Gordon (RNK)
Rank Group (LON:RNK)‘s stock had its “hold” rating restated by equities research analysts at Panmure Gordon in a research note issued to investors on Friday, Stock Ratings Network.com reports. They currently have a GBX 160 ($2.64) price target on the stock. Panmure Gordon’s price target would indicate a potential upside of 15.27% from the company’s current price.
Shares of Rank Group (LON:RNK) traded up 2.06% during mid-day trading on Friday, hitting GBX 138.80. The stock had a trading volume of 1,131,330 shares. Rank Group has a 1-year low of GBX 124.90 and a 1-year high of GBX 178.00. The stock has a 50-day moving average of GBX 136.8 and a 200-day moving average of GBX 149.1. The company’s market cap is £542.3 million.
The company also recently declared a dividend, which is scheduled for Friday, March 21st. Shareholders of record on Wednesday, February 19th will be given a dividend of GBX 1.35 ($0.02) per share. This represents a yield of 0.97%. The ex-dividend date of this dividend is Wednesday, February 19th.
The Rank Group Plc (LON:RNK) is a United Kingdom-based company gaming-based entertainment company.
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